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Search: 'administration'

Stories

County caught

Stockport supporters have been taking action to highlight the crisis that has gripped their club, as David Meller reports

On a freezing Wednesday morning late last December around 300 Stockport County supporters gathered outside Edgeley Park and downed shots of whisky and hot water to keep warm. After eight months of administration we were preparing to march to the club’s administrators in Manchester city centre, to raise knowledge of a club moving towards liquidation and those responsible for doing so. The question was whether the march would yield anything constructive.

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Bonds of trust

In the first part of a feature on the financial turmoil that has enveloped football, Ashley Shaw looks at the fury caused by the Glazers' attempt to load even more debt on to Manchester United

There have been few more important documents in the history of Manchester United than the bond prospectus published last month. The admission that the Glazers have already taken out £22.9 million in loans and fees, and could suck a further £500m out of the club over the next seven years, means there can no longer be any pretence about the motivation for the 2005 takeover. The age of the football asset-stripper is at hand.

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Crystal Palace, Cardiff City, Notts County

Tom Davies reacts to Crystal Palace going into administration and looks at other teams threatened by HM Revenue & Customs

In a season of such widespread financial dysfunction, it’s perhaps surprising that it has taken until January for any professional club to go into administration, the fate that befell Crystal Palace at the end of last month. The administrator was called in by the London-based investment fund Agilo, a “specialist in distressed companies”, to whom chairman Simon Jordan had mortgaged much of the club’s asset base, including player wages, sale income and the basic fixtures and fittings.

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Premier League 1994-95

Scott Anthony looks back on Blackburn Rovers' Premier League triumph

The long-term significance
Kenny Dalglish’s Blackburn Rovers remain the only club outside the current Big Four to win the English title since the 1992 breakaway of the old First Division. Arsenal and Chelsea not only finished below Tottenham, Newcastle and Nottingham Forest, but also QPR, Southampton and Wimbledon.

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Seasonal greetings

Andrew Scowcroft explains why he's no longer willing to help service his club's debts as much as ten months in advance

During Crystal Palace’s 4-1 win over Blackpool, my friend Chris and I had the break-up conversation, the one in which I said: “I’m not renewing my season ticket.” Although October 3 seems ridiculously early to bring it up, it was the date that Crystal Palace published their season ticket brochure for 2010-11.

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